Updated Dec 21, 2023
Bernazzani Real Estate Acquires 1.01 Acres Of Land In Braintree, MA For $1.4M
107 Hancock Street, Braintree, Massachusetts 02184, United States
$1,400,000
$31/SF
Building Size
44,049 SF
Asset Type
—
Closing
Feb 3, 2022
About this deal
AI
Located at 107 Hancock St in Braintree, MA, this 1.01-acre land was recently sold for $1,400,000. The transaction took place on 02/04/2022 and was facilitated by Brendon Bernazzani of Bernazzani Real Estate, LLC. The land covers a total of 44,049 square feet, resulting in a price per square foot of $32.
Summary of transation details
- Property Type: Land
- Transaction Amount: $1,400,000
- Date: 02/04/2022
- Address: 107 Hancock St, Braintree, MA
- Market: Braintree, MA
- Asset Type: Land
- Acres: 1.01
Brendon Bernazzani of Bernazzani Real Estate, LLC played a pivotal role as the broker in this transaction. His expertise and guidance helped facilitate the smooth transfer of ownership for this valuable piece of land.
Players
Braintree CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93